What is Sky Labs?
Founded in 2015 and headquartered in South Korea, Sky Labs operates at the intersection of big data analytics and preventative medicine. The company is best known for its flagship innovation, the CART ring, a medical-grade wearable device designed to detect Atrial Fibrillation with high clinical precision. By utilizing a proprietary algorithm that boasts 98% accuracy, Sky Labs is effectively transforming how patients monitor cardiovascular health outside of traditional clinical settings. This focus on non-invasive, continuous monitoring positions the company as a critical contributor to the evolving landscape of remote patient management and proactive health diagnostics.
How much funding has Sky Labs raised?
Sky Labs has raised a total of $34.3M across 2 funding rounds:
Series A
$4.3M
Series B
$30M
Series A (2019): $4.3M with participation from TBT
Series B (2021): $30M led by KB Investment, Atinum Investment, Soo Investment Capital, LB Investment, Moru Asset Management, and Korea Investment Partners
Key Investors in Sky Labs
KB Investment
KB Investment is a venture capital and private equity firm that provides strategic backing to innovative technology and service-oriented ventures, leveraging decades of market experience since its 1990 inception.
LB Investment
LB Investment focuses on transformative technologies that enhance human life, specializing in deep-tech and healthcare sectors to drive global innovation through visionary partnerships.
Korea Investment Partners
Korea Investment Partners is a prominent institutional investor with a robust global network, dedicated to supporting high-potential companies through advanced engineering and environmental technology expertise.
What's next for Sky Labs?
With the support of its latest financing, Sky Labs is poised to accelerate its global expansion and deepen its research into predictive health analytics. The strategic focus will likely center on enhancing the CART device ecosystem and securing additional regulatory clearances in key international markets. By integrating its high-accuracy detection algorithms with broader digital health platforms, the company aims to establish a new standard for preventative cardiovascular care. The ongoing support from institutional backers provides the necessary runway to scale operations and solidify its competitive advantage in the high-growth wearable medical technology sector.
See full Sky Labs company page
